Lawyers With Nukes:$608,611 in income....18.4% in taxes. Let that sink in for a while you guys.

Of course, they gave a hair under 25% of their income away to charities - actual charities, like Fisher House, not their private social club - so it only makes sense that their effective tax rate is a bit lower.

The Obamas paid 18.4% Bidens 22% Romney is probably somewhere in the low teens, it is shiat like this that really pisses me off about the US tax code. When I was a fresh college grad making $27,500 a year living in a shiatty one bedroom apartment driving a 10 year old beater I was paying over 30% taking advantage of every last loophole and deduction.

It's also worth noting that Obama didn't elect not to claim his charitable contributions on his tax return in order to artificially inflate his own tax rate while people were watching, leaving himself free to later amend his return and claim it after all.

Tom_Slick:The Obamas paid 18.4% Bidens 22% Romney is probably somewhere in the low teens, it is shiat like this that really pisses me off about the US tax code. When I was a fresh college grad making $27,500 a year living in a shiatty one bedroom apartment driving a 10 year old beater I was paying over 30% taking advantage of every last loophole and deduction.

you were not farking paying 30% in federal income tax, marginal or effective hth

Tom_Slick:The Obamas paid 18.4% Bidens 22% Romney is probably somewhere in the low teens, it is shiat like this that really pisses me off about the US tax code. When I was a fresh college grad making $27,500 a year living in a shiatty one bedroom apartment driving a 10 year old beater I was paying over 30% taking advantage of every last loophole and deduction.

kronicfeld:Lawyers With Nukes: $608,611 in income....18.4% in taxes. Let that sink in for a while you guys.

Of course, they gave a hair under 25% of their income away to charities - actual charities, like Fisher House, not their private social club - so it only makes sense that their effective tax rate is a bit lower.

skullkrusher:Tom_Slick: The Obamas paid 18.4% Bidens 22% Romney is probably somewhere in the low teens, it is shiat like this that really pisses me off about the US tax code. When I was a fresh college grad making $27,500 a year living in a shiatty one bedroom apartment driving a 10 year old beater I was paying over 30% taking advantage of every last loophole and deduction.

Jackson Herring: Tom_Slick: The Obamas paid 18.4% Bidens 22% Romney is probably somewhere in the low teens, it is shiat like this that really pisses me off about the US tax code. When I was a fresh college grad making $27,500 a year living in a shiatty one bedroom apartment driving a 10 year old beater I was paying over 30% taking advantage of every last loophole and deduction.

you were not farking paying 30% in federal income tax, marginal or effective hth

Point of reference: I made $22k last year. My effective rate was 5.53%.

theknuckler_33:skullkrusher: Tom_Slick: The Obamas paid 18.4% Bidens 22% Romney is probably somewhere in the low teens, it is shiat like this that really pisses me off about the US tax code. When I was a fresh college grad making $27,500 a year living in a shiatty one bedroom apartment driving a 10 year old beater I was paying over 30% taking advantage of every last loophole and deduction.

skullkrusher:theknuckler_33: skullkrusher: Tom_Slick: The Obamas paid 18.4% Bidens 22% Romney is probably somewhere in the low teens, it is shiat like this that really pisses me off about the US tax code. When I was a fresh college grad making $27,500 a year living in a shiatty one bedroom apartment driving a 10 year old beater I was paying over 30% taking advantage of every last loophole and deduction.

theknuckler_33:skullkrusher: theknuckler_33: skullkrusher: Tom_Slick: The Obamas paid 18.4% Bidens 22% Romney is probably somewhere in the low teens, it is shiat like this that really pisses me off about the US tax code. When I was a fresh college grad making $27,500 a year living in a shiatty one bedroom apartment driving a 10 year old beater I was paying over 30% taking advantage of every last loophole and deduction.

skullkrusher:sugardave: Grand_Moff_Joseph: WTF is it with this guy anyway? Paying a fair tax rate?? Who the heck does he think he is??

See? Proof all along that he isn't a Real Murkan! IMPEACH!

*rolleyes*

What, are you trying to deny that there isn't a recently put-forth pretender to the position of POTUS that didn't espouse the view that it's the highest form of patriotic to pay the lowest taxes possible?

sugardave:skullkrusher: sugardave: Grand_Moff_Joseph: WTF is it with this guy anyway? Paying a fair tax rate?? Who the heck does he think he is??

See? Proof all along that he isn't a Real Murkan! IMPEACH!

*rolleyes*

What, are you trying to deny that there isn't a recently put-forth pretender to the position of POTUS that didn't espouse the view that it's the highest form of patriotic to pay the lowest taxes possible?

no, I'm rolling my eyes at the fact that the two of you are, presumably unwittingly, referring to the Bush tax cuts as a "fair tax rate" for a couple who made over $600k last year.

skullkrusher:theknuckler_33: skullkrusher: theknuckler_33: skullkrusher: Tom_Slick: The Obamas paid 18.4% Bidens 22% Romney is probably somewhere in the low teens, it is shiat like this that really pisses me off about the US tax code. When I was a fresh college grad making $27,500 a year living in a shiatty one bedroom apartment driving a 10 year old beater I was paying over 30% taking advantage of every last loophole and deduction.

that had to include state and local

Yea, and probably SS and medicare too.

I assumed that the Obama number included that

Why? You don't report that on your tax returns, do you?

/haven't filled out my own taxes in a while

sure it's on there.

On your 1040? I know its on your W-2, but I didn't think you put that on your 1040 anywhere.